NOTIFICATION OF MAJOR SHAREHOLDING UNDER SECTION 9(10) OF THE SECURITIES MARKETS ACT: Evli Bank has reduced its holding in Restamax
Restamax Plc
STOCK EXCHANGE RELEASE 29 SEPTEMBER 2016 at 17:00
NOTIFICATION OF MAJOR SHAREHOLDING UNDER SECTION 9(10) OF THE SECURITIES MARKETS ACT: Evli Bank has reduced its holding in Restamax
Restamax Plc (Business ID 1952494-7) has on 29 September 2016 received from Evli Bank Plc (Business ID: 0533755-0) a notification of major shareholding under Section 9(5) of the Securities Markets Act, according to which the total holding in Restamax Plc's shares of Evli Bank Plc and the funds it manages has fallen below the 5 per cent limit of Restamax Plc's share capital and number of votes on 28 September 2016.
The holding of Evli Bank Plc and its funds as described in the notification:
| % of shares and votes | % of shares and votes through financial instruments | Total percentage | Total number of shares and votes of target company | |
| Share after reaching or breaking the flagging threshold | 4.71 | 0 | 4.71 | 16,379,620 |
| Share communicated in the previous notification of major shareholding (if flagged) | 6.53 | 0 | 6.53 |
Information on holdings and proportion of voting rights after breaking the flagging threshold:
A: Shares and votes
| Shares series / share type | Number of shares and votes | Percentage of shares and votes | ||
| Direct (SMA 9(5)) | Indirect (SMA 9(6) and 9(7)) | Direct (SMA 9(5)) | Indirect (SMA 9(6) and 9(7)) | |
| FI4000064332 | 771,805 | 0 | 4.71 | 0 |
| A Total | 771,805 | 4.71 | ||
Restamax Plc's share capital consists of 16,379,620 shares and votes. Restamax Plc has one series of shares, and each share carries one vote.
Additional information:
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655
Distribution:
NASDAQ OMX Helsinki
Major media
www.restamax.fi
Restamax Plc is a Finnish restaurant business and labour hire services group established in 1996. The company, which listed on NASDAQ OMX Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The group companies include over 100 restaurants, nightclubs and entertainment centres all over Finland. Well-known restaurant concepts of the group include Stefan's Steakhouse, Viihdemaailma Ilona and Classic American Diner. In 2015, Restamax Plc's turnover was MEUR 113.7 and EBITDA MEUR 16.5. Depending on the season, some 1,000 persons work at the group. The workforce of Restamax subsidiary Smile Henkilöstöpalvelut Oy is about 3,000.
Restamax company website: www.restamax.fi, Restamax consumer website: www.ravintola.fi, Smile Henkilöstöpalvelut: www.smilepalvelut.fi